The total assets under management of all Bitcoins ETFs combined is more than double of the Silver ETFs available in the market. In a remarkable turn of events, Bitcoin exchange-traded funds (ETFs) in the United States have swiftly outpaced silver ETFs in terms of assets under management (AUM) within just …

The countdown has commenced for $APP staking in the $INJ Ecosystem IDOs via Moon App, the innovative mobile launchpad hosting prominent projects in the Injective Ecosystem. In a highly anticipated development, Moon App, serving as the Layer0 + Launchpad of Injective, will initiate $APP staking for participation in the $INJ …

On-chain data shows that money from GBTC has been flowing into the newly launched spot Bitcoin ETFs amid very low fee structures. In an exclusive interview with Bloomberg Television from Davos on Wednesday, January 17, Grayscale Investments Chief Executive Officer Michael Sonnenshein defended the 1.5% management fee charged for the …

Post the Bitcoin ETF approval, the Bitcoin halving in April 2024 will prove to be a major catalyst in driving the BTC price above $100,000 by the end of the year. In the aftermath of the US Securities and Exchange Commission’s groundbreaking approval of the first-ever US spot Bitcoin exchange-traded …

Operating within tightly regulated stock exchanges, ETFs ensure accessibility through existing retail investors’ brokerage accounts, subject to stringent supervision. In a historic decision, the US Securities and Exchange Commission (SEC) granted approval to exchange-traded funds (ETFs) that mirror the price of Bitcoin. This marks a significant breakthrough for the cryptocurrency …

Thetanuts Finance, a prominent option vault protocol, started with Basic Vaults, focusing on selling European cash-settled options to accredited market makers. Thetanuts Finance, a decentralized on-chain option protocol renowned for its extensive coverage of altcoin options, unveils its v3 Incentivized Alpha. The upgraded version empowers users to take both long …

Finoa’s funding round, initially targeting $5-6 million from existing investors, surpassed expectations amid external investor interest driven by the firm’s recent profitability. Finoa, a Germany-based crypto custodian and staking services provider catering primarily to institutional clients, has successfully raised $15 million in a strategic funding round. Maven 11 Capital and …

The US SEC would still need time to review all the changes made to the Bitcoin ETF S-1 filings submitted last week, only after which it could make certain decisions. On the first day of the New Year, the world’s largest cryptocurrency Bitcoin (BTC) witnessed a 7% on new developments …

A staggering 98% member of the PancakeSwap community voted in favour of reducing the CAKE supply by 300 million resulting into a strong surge in the CAKE price. PancakeSwap, a prominent decentralized exchange, has successfully concluded a proposal to reduce the maximum supply of its native token CAKE from 750 …

Analysts are characterizing MicroStrategy’s stock as akin to an “essentially a leveraged Bitcoin ETF” due to its exposure to the cryptocurrency. In the latest announcement on Wednesday, December 27, MicroStrategy Inc (NASDAQ: MSTR) acquired an additional 14,620 Bitcoins in the past month, spending $615.7 million at an average price of …

Bitcoin mining inherently involves high energy costs due to the operation of supercomputers. The world’s largest cryptocurrency Bitcoin (BTC) made substantial gains surging by 160% this year in 2023. The rally in Bitcoin and the broader crypto market has also helped some of the US-listed crypto companies recover from the …

While the average performance of crypto funds did not match the more than 150% rally in Bitcoin this year, the positive shift in fortunes is a promising development for the industry. After facing a strong crypto winter in 2022 following the collapse of Three Arrows Capital (3AC), crypto hedge funds …